Issue 07

Oil & Gas

• Saudi Energy Minister Spells Out Reasons Behind Capacity Shift
• Contractors Optimistic On Saudi Awards Despite MSC Reversal MSC Reversal
• Iraq Readies For 300mn Cfd Gas Boost Despite Gharaf Setback
• Eni Eyes ‘Best Fast-Track Development’ For Cyprus Cronos Find
• Adnoc & BP Ink Egypt Gas JV With Israel Entry On Hold
• Shell Exits Iraq’s Nebras

Corporate

• Aramco Considers Saudi-Based LNG As International Growth Moves Ahead

OPEC

• IEA’s Bearish Demand Outlook In The Spotlight

Geopolitical Risk

• Sudan-Iran Diplomatic Thaw Raises Stakes In Battle For Red Sea Influence

Power & Water

• Saudi Renewables Expansion Could Top 100GW, Says Energy Minister

Refining & Petrochemicals

• Iraq Claims End To Diesel Imports; Gasoline Next For 2025?
• Iraq Claims End To Diesel Imports; Gasoline Next For 2025?
• MEES Interview: Iraq’s Deputy Oil Minister For Refining Affairs Hamid Younes

Economics & Finance

• Oman’s Key Fields Hit By 2023 Output Constraints

News In Brief

• Egypt: $6.5bn 2024 Sell-Off Target
• Yemen Oil Province Stand-Off
• Israel Rating Downgrade
• Iraq To ‘Compensate’ For Jan Overproduction
• Saudi Oilfield Chemicals Plant
• Turkey’s Erdogan: Historic Egypt Visit
• Crude OSPs ($/B): Kuwait Hikes Key Asia Price Vs Saudi

Selected Data

• Benchmark Crude Prices ($/B)
• US Shale Output Set To Remain Below Late-2023 Records Through Q1 At Least